INVESCO CAPITAL APPRECIATION FUNDS INC
497J, 1998-09-04
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INVESCO FUNDS                                     INVESCO FUNDS GROUP, INC.
                                                  7800 East Union Avenue
                                                  Denver, Colorado 80237
                                                  Post Office Box 173706
                                                  Denver, Colorado 80217-3706
                                                  Telephone: 303-930-6300

September 4, 1998



Securities and Exchange Commission
450 Fifth Street, N.W.
Washington, D.C. 20549

RE:      INVESCO Equity Funds, Inc. (formerly, INVESCO Capital Appreciation 
         Funds, Inc.)
         1933 Act No. 002-26125
         1940 Act No. 811-1474
         CIK No. 0000035692

Ladies and Gentlemen:

Pursuant  to  Rule  497(j)  of the  Securities  Act of  1933  (the  "1933  Act")
(submission  type 497J),  INVESCO  Equity  Funds,  Inc. (the  "Company"), hereby
submits for filing on EDGAR this  certification  that the definitive form of its
Prospectuses  for INVESCO Dynamics Fund and INVESCO Growth & Income Fund and its
Statement of Additional Information for filing under Rule 497(j) does not differ
from that contained in the Post-Effective  Amendment No. 49 under the Securities
Act of 1933 and Amendment No. 23 under the Investment Company Act of 1940 to the
Fund's  Registration  Statement which was electronically  filed pursuant to Rule
485(b) on August  28,  1998.  This  Post-Effective  Amendment  became  effective
September 1, 1998.

If you have any  questions  or  comments,  please  contact  the  undersigned  at
303/930-6200.

Sincerely,

/s/ James. F. Lummanick

James F. Lummanick
Vice President and Assistant
 General Counsel





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